Short Interest in Andretti Acquisition Corp. II (NASDAQ:POLE) Decreases By 43.3%

Andretti Acquisition Corp. II (NASDAQ:POLE - Get Free Report) saw a significant decline in short interest in the month of March. As of March 31st, there was short interest totaling 965 shares, a decline of 43.3% from the March 15th total of 1,701 shares. Based on an average daily trading volume, of 12,331 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company's shares are short sold.Institutional Inflows and OutflowsA number of large investors have recently added to or reduced their stakes in the stock. TENOR CAPITAL MANAGEMENT Co. L.P. bought a new stake in Andretti Acquisition Corp. II in the second quarter worth $7,785,000. Cantor Fitzgerald L. P. bought a new position in shares of Andretti Acquisition Corp. II during the fourth quarter valued at $5,711,000. Aristeia Capital L.L.C. bought a new position in Andretti Acquisition Corp. II in the 4th quarter worth about $2,617,000. Radcliffe Capital Management L.P. boosted its stake in Andretti Acquisition Corp. II by 107.5% in the 3rd quarter. Radcliffe Capital Management L.P. now owns 477,001 shares of the company's stock worth $4,989,000 after purchasing an additional 247,159 shares in the last quarter. Finally, Toronto Dominion Bank boosted its stake in Andretti Acquisition Corp. II by 172.6% in the 4th quarter. Toronto Dominion Bank now owns 354,442 shares of the company's stock worth $3,725,000 after purchasing an additional 224,442 shares in the last quarter. Analyst Ratings ChangesSeparately, Weiss Ratings reaffirmed a "sell (d)" rating on shares of Andretti Acquisition Corp. II in a research report on Friday, March 27th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Andretti Acquisition Corp. II presently has a consensus rating of "Sell".Get Our Latest Analysis on Andretti Acquisition Corp. IIAndretti Acquisition Corp. II Trading Up 0.2%NASDAQ POLE traded up $0.02 during trading hours on Monday, reaching $10.68. 4,872 shares of the company's stock traded hands, compared to its average volume of 34,834. Andretti Acquisition Corp. II has a 52-week low of $10.15 and a 52-week high of $10.90. The firm has a 50-day simple moving average of $10.62 and a 200 day simple moving average of $10.57. Andretti Acquisition Corp. II (NASDAQ:POLE - Get Free Report) last announced its quarterly earnings data on Tuesday, March 24th. The company reported $0.05 earnings per share for the quarter. Andretti Acquisition Corp. II Company Profile (Get Free Report)Andretti Acquisition Corp. II is a special purpose acquisition company (SPAC) formed to raise capital through an initial public offering for the purpose of effecting a business combination. The company has no commercial operations of its own but seeks to merge with or acquire a private business with a focus on advanced mobility, high-performance automotive technologies, or related sectors. By leveraging the Andretti brand, it aims to align with firms operating at the intersection of motorsports and cutting-edge vehicle innovation. The SPAC structure allows Andretti Acquisition Corp.Read MoreFive stocks we like better than Andretti Acquisition Corp. IIThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Andretti Acquisition Corp. II Right Now?Before you consider Andretti Acquisition Corp. II, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Andretti Acquisition Corp. II wasn't on the list.While Andretti Acquisition Corp. II currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here